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Search Results 63 to 162 of about 797 (some duplicates have been removed)
FOX News
Dec 28, 2012 10:00pm PST
. >> greta: this s a fox news alert. 74 hours to go before president obama, the senate and the house shove america off the fiscal cliff. let's go to capitol hill fox news chief congressional correspondent mike emanuel live with the latest. >> we are heading into a critical weekend as a final push is made to keep the u.s. economy from going off the fiscal cliff. after a late afternoon meeting with the top four congressional leaders at the white house, president obama offered this assessment. >>> i'm modestly optimistic -- nobody is going to get 100% of what they want. but let's make sure that middle class families and the american economy and in fact the world economy aren't adversely impacted because people can't do their jobs. >> sources say house speaker are john boehner deferred to senate colleagues and told them house leaders would consider, accept or amend their plan. what s not expected to be included in any deal is increasing the debt limit, something democrats have wanted and republicans have resisted. >> we he haded a long meeting in the white house and it was constructive. we hop
CBS
Jan 1, 2013 4:00am PST
it overwhelmingly passed a bill to avert the fiscal cliff. now president obama is calling on the house to pass the bill without delay. the bill stops most of the tax hikes and spending cuts that were to kick in at midnight. tara mergener is in washington with more this morning. tara, good morning to you. >> reporter: good morning, terrell. well, a deal is now on the books to avert some of the impact of the fiscal cliff which technically we have gone over. now it is up to the house. in the early morning hours of new year's day, the senate began voting on a bill to avoid the so-called fiscal cliff. >> the bill as amended is passed. >> reporter: the senate voted 89-8 to avoid tax hikes for 99% of all americans. >> this shouldn't be the model for how we do things around here. but i think we can say we've done some good for the country. >> r if the bill eventually becomes law, the bush era tax cuts will be permanently extended for everyone making less than $400,000 a year. and families making less than $450,000 a year. it will also keep the alternative minimum tax for the wealthy from hitting milli
MSNBC
Dec 28, 2012 11:00pm PST
in the white house briefing room, president obama condemned congress for failing to resolve its differences in any normal way. >> christin, let's take a listen to what the president said about the up or down vote about what he expects to emerge from the senate. >> i just had a good and constructive discussion here at the white house with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic. if an agreement isn't reached in time, between senate store reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote. i believe such a proposal could pass with bipartisan majorities. >> this up or down vote seems to be the big news of the day. isn't this what the white house wanted all along? >> well, it is. it's president's obama's way of saying vote on his basic proposal. it would extend in employment insurance benefit and deal with unemployment insurance cuts. >> so the question is, could they actually get that many republicans to vote for this package that the president is calling for? >> but p
FOX Business
Dec 26, 2012 6:00pm EST
anything at all? >> all the focus has been on president obama and the house of representatives. the leader, speaker boehner. some of us went to public school, but i still learned that there is a senate involved in all of this. [laughter] for the last three years no one has been talking by the united states senate. gerri: it's like they're under some witness protection program. they don't do a budget. they don't write a budget, they don't vote on the budget. the republicans took them into putting obama's budget out and then they voted against it. they haven't put together a budget because they cannot reelect the democrat majority of the senate in 2024. if everyone of those senators had actually stake out a position as being in favor of obama and his taxes and spending. gerri: i don't understand why people aren't marching on the hill. i really don't. this is what we hired them for, to iron out these differences, and no one is doing the job. let's take a look at the numbers for folks that are married. if you make $50,000 per year, you'll pay an additional $2000 in taxes. if you pay $100,000,
FOX Business
Dec 28, 2012 5:00pm EST
. president obama needing with congressional leaders at the white house ended a short time ago and the president is reportedly giving no new offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got from the start of this meeting according to a senior administration official president obama began by offering essentially what he laid out in a speech a week ago which is to keep taxes where they are for families earning less than $250,000 a year and to extend long-term unemployment insurance benefits that is basically just a small slice of what the president had been proposing for quite some time. the administration official also says that the president is putting it on republicans to come up w
MSNBC
Dec 29, 2012 12:00pm PST
of getting into the house that has been stamped acceptable. the dare that obama put out yesterday to the republicans. >> up or down. >> yes. and if you have time i can explain why people may think that is the routine in washington, and it's not. >> take your time. take the time to explain it for us. >> okay. i'd like to do that for everyone out there. you may have learned in school that bills introduced and it goes through regular order and it gets a vote. that's just not how it's done here and there are all kind of rules actually designed to let the party in power have the ability to call what goes on before it. a reason that this is going to start in the senate tomorrow is that the democrats control the senate. so what obama is saying, if harry reid and mcconnell do not get a deal, well, that means that a deal would signify that it is filibuster proof. they'd have a super majority. democrats have the majority so you would think why don't they just vote together, pass it and move on to the house, but the dare is that obama's saying do you really want to show to all of america, re
FOX News
Dec 27, 2012 2:00am PST
thing to consider here the two key players in all of this president obama and republican house speaker john boehner. as far as we know the two of them have not really been talking. the lines of communication are theoretically open but both of them seem to be standing their ground. one other factor to consider here is something we just heard from the treasury secretary tim geithner telling us we are rapidly approaching the nation's debt ceiling. we could hit it by the end of the year. there are accounting tricks we can use to prevent us from hitting that by the end of the month. it shows you how complicated this is getting. one other factor that was going to become part of the grand bargain if we ever reach grand bargain. right now they could be looking for a stopgap measure. >> we have heard that before a stopgap measure. thank you very much. appreciate it. >>> you hear those two key words there accounting gimmicks. let's talk about stories you can bank on this morning. lauren simonetti from the fox business network has more on the accounting gimmicks and the statement about the debt c
FOX News
Dec 29, 2012 10:00am PST
a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and the world economy aren't adversely impacted because people can't do their jobs. >> chief congressional correspondent mike emanuel is live in washington with the latest, mike. >> heather discussions are underway and i'm told we should not expect any news or announcements before senators are briefed tomorrow afternoon. after a meeting with the president late friday, the senate majority leader sounded cautiously optimistic. >> we have one meeting in the white house that was very constructive and we hope it will bear fruit and that's what we hope to learn. i think that the next 24 hours will be very instructive as to what we're able to accomplish. >> reporter: sources say house speaker john boehner deferred to senate colleagues and told him hous
CBS
Dec 28, 2012 5:00pm EST
house. president obama called congressional leaders to the white house. the hope was he could hash out the framework for a possible deal. danielle nottingham joins us with the latest. okay, did they get it done, danielle? >> reporter: derek, we're just not sure what happened. all four leaders left the white house without speaking to the media. we can only assume that means this wasn't a productive meeting. top congress impressional leaders left the white house after a last-ditch fiscal k cliff meeting with president obama. the closed door meeting was an attempt to avoid the automatic tax headaches and spending cuts set to king at the start of the new year. with just three days to go republicans and democrats are still blaming each other. >> i want to thank all of you for being here to call upon the republicans not to drop the ball on the middle class. >> reporter: there was a new year's eve style rally saying the fiscal cliff ball is in the republicans court. >> it's republicans who are holding hostage the middle class in america so that the wealthy don't have to pay their fair share.
FOX Business
Dec 31, 2012 1:00pm EST
pictures from the white house as we wait for president obama to speak in about 15 minutes from now as lawmakers struggle to hammer out a deal on the fiscal cliff. peter barnes believes the president will announce a deal. we will bring you his comments live. it is an early close on the trading day. sandra smith is in the pits where traders are watching every development in washington. she joins us now with today's trade and how commodities are faring. sandra: we just had financial commodities close for the day. the treasury pits just closed minutes ago. it was an interesting close to watch. as you put up the board, treasuries saw their first loss in four trading days. another sign that these markets are predicting some sort of deal to get down by the end of the day. we are not seeing investors slinging. the yield on the ten year was the lowest close on record. certainly a big sign coming from those markets. they closed at the top of the hour. the dow, s&p and nasdaq futures closing here in chicago. just moments away from that. the electronic trading of all of these products will con
ABC
Dec 28, 2012 5:30pm EST
: president obama summoned congressional leaders to the white house today hoping for a deal to avoid the fiscal cliff. the power brokers have four days before the government starts slashing military and domestic spending. president obama is pushing for a stop gap measure that with avoid faxes on people earning less than $25,000. on capitol hill frustration is growing. both republicans and democrats sound look they have given up. outside the capitol democrats hauled out a times square ball prop with the emergency, don't drop the ball. >> the republicans refuse to ask those with the most in our society to give a little bit more. >> reporter: a simple stop gap measure is not what many in washington had hoped for. republicans blame president obama for the collapse of a bigger deal that would have cut spending and reduced the country's debt. >> it is the president's responsibility to lay out a plan and to bring people together but it's a total dereliction of duty and a lack of courage to deal with the issues. >> it rests in the hands of the senate. >>> president obama is scheduled to give
FOX News
Dec 28, 2012 2:00am PST
in the house and create an internal civil war. he has done that right up until now obama has what he wanted which is a partisan political success. he has been less worried about the fiscal issue for two reasons number one he does not care about debt. he hasn't in the four years, and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all of the cards. >>> house gop leaders have decided to have the house of representatives turn on sunday evening just in case there's a deal made in the final hours. >>> now to some stories you can bank on this morning. time is running out for struggling homeowners to get some free help fighting possible wrongful foreclosures. in a deal for the fox business network joins us to explain. >> a little more time but time running out. >> the four million homeowners foreclosed on from 09 to 10 government sent out a letter to them a year ago 4 million. they have until monday to sign up for a free review of the foreclosure make sure there's no mistake see if they are going to be compensated for any errors. 100 bucks maybe 100,00
CW
Dec 27, 2012 10:00pm PST
. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate. there's nothing happening. >> the phone never rang and so now here we are five days from the new year and we might finally start talking. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal is to get elected speaker on january 3rd. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democraticly controlled stat and white house to reach an agreement. >> republicans aren't about to write a blank check or anything senate
ABC
Dec 27, 2012 1:40am PST
in style. he was aboard air force one as president obama returned to the white house. what a welcome. he will serve in the senate until the election is held in 2014. and the president is returning to washington as the treasury secretary warns the country is not in a good place when it comes to the national debt. timothy geithner says the government may hit its $16.4 trillion borrowing limit on monday. the president will hear about the fiscal cliff problem as well as members of congress return to washington to address the fiscal cliff. talks will take place behind closed doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to try to free up some cash to hold off, temporarily, this fiscal cliff. but it's still not looking good. >> i don't know about you at home, but kicking the can down the road, this has been happening over and over again. somebody has to make
CBS
Dec 27, 2012 11:00pm PST
with president obama at the white house friday. this would be the group's first face-to-face meeting since november 16, and a last-minute chance to avoid the so-called fiscal cliff. if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democratically controlled senate and white house to reach an agreement. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we
CBS
Dec 28, 2012 11:00pm PST
the looming deadline. >> reporter: congressional leaders met with president obama at the white house, trying to avoid the automatic tax hikes and spending cuts set to kick in january 1. the president reminded lawmakers there's not much time left. >> we're now at the point where, in just four days, every american's tax rates are scheduled to go up by law. >> reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in hopes that we can come forward as early as sunday and have a recommendation. >> we're gonna do the best we can for the caucuses we have and the country that's waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases. but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done. but the president has a backup plan just in case. >> if an agreement isn't reached in time, between senat
CBS
Dec 29, 2012 7:00am PST
: top congressional leaders met with president obama at the white house, trying to avoid the automatic tax hikes and spending cuts set to kick in january 1st. the president called the meeting constructive, but reminded lawmakers there's not much time left. >> we're now at the point where in just four days every americans' tax rates are scheduled to go up by law. >>reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> we're going to do the best we can for the congresses we have and for the country that's waiting for us to make a decision. >>reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done, but the president has a backup plan just in case. >> if an agreement isn't reac
ABC
Jan 2, 2013 7:00am EST
cuts the desk of president obama. house passed a bill last night. the senate passed the senate earlier on tuesday. newschannel it will have more live in thata in just a few minutes. let's get the latest on our wednesday morning commute. we are trying to get back the group on a wednesday morning. this is video taken about 45 minutes ago on 66. everything was cleared off to shoulder on eastbound 66 but about a five-mile line near the fairfax county parkway. was an earlier crash. we also had one of westbound. this is 395 where there is no delay. in some spots, we are catching a break. we haveing the weather, conditions to start this morning, 35 degrees but we will move a lot from where we are now. the cooler temperatures are to the north. the cooler temperatures are to the north. we will turkey sausage. turkey what? amazing. dunkin's new turkey sausage breakfast sandwich. surprisingly great sausage taste with under 400 calories. try one today. america runs on dunkin'. ♪ >>> all that jumping going on. we're jumpstarting january, right here in times square. we're getting a whole bunch of
ABC
Dec 30, 2012 11:00pm PST
budget negotiations between president obama and house speaker john boehner also could mean the reduction of the popular deduction for charitable contributions. >>- q. i if it came to the poi -- >> if it came to the point where i wasn't receiving my credit for helping out a charity or even helping them out in their situation, then why would i even help them out? >> statements like that that has the chief executive officer of the united way of the bay area and other nonprofits fighting to obtain charitable deductions. >> it would be a mistake to think thereth was only a benefit for high income people. 24r* are many, many donors who itemize their taxes, and they take advantage of the charitable tax deduction and these include middle income people. >> also on the table is the possible elimination of the mortgage deduction. >> if that were to happen eventually, i think that is something that had to be phased out over a really long period of time. >> i think it encourages people to buy house versus rent it. if they willower the mortgage rate day -- deductions people will think twice. >> it is
KOFY
Dec 26, 2012 9:00pm PST
obama and house speaker john boehner also could mean the reduction of the popular deduction for charitable contributions. >> if it came to the point where i wasn't receiving my credit for helping out a charity or even helping them out in their situation then why would i even help them out? >> statements like that that has the chief eck eastboundtive officer of the united way of the bay area and other nonprofits fighting to retain charitable deductions. >> it would be a big mistake to think this is only a benefit for high income people. there are many donors who itemize their taxes and they take advantage of the charitable tax deduction and they include very middle income people. >> reporter: also on the table is the possible elimination of the mortgage deduction. >> if that were to happen eventually i think that would have to be phased out over a long period of time. >> i think it encourages people to buy houses versus renting. and if they were lower the mortgage rate reduction, people will think twice. >> cpa mark britton thinks it is a good time to it refinance if you stil
NBC
Jan 2, 2013 5:00am EST
the damage caused by going over the fiscal cliff is in the hands of president obama. the house passed a measure late last night that will keep taxes from going up for 98% of americans. the president has said that he will sign the bill into law. nbc's tracie potts is live on capitol hill now with more. tracie, good morning. >> 257, that's how many democrats mostly and some republicans as well voted in favor of this bill. it means that lawmakers are now headed, we saw them headed all to capitol hill early this morning. the president heads back to hawaii to continue his vacation that was broken while they tried to negotiate these tax increases, stop them from happening. this bill will extend unemployment for 2 million people who would have lost their checks beginning this year. middle class tax breaks and prevent a tax hike for 98% of americans. the fight is not over. in february, the debt limit needs to be raised so america can continue to pay its bills. republicans likely will insist on cutting spending. >> we can't simply cut our way to prosperity. cutting spending has to go hand in h
CNN
Dec 28, 2012 5:00pm PST
, they woet be back until sunday. this afternoon, house and senate leaders met with president obama at the white house. they talked for about an hour. afterwards, president obama said he was modestly optimistic. bypassing house speaker john boehner who had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell to work out a deal and then present it to a house. he also laid out a scaled down mini deal if they can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, and i have asked senator reid to do this, put a bill on the floor that makes sure that taxes on middle-class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction and economic growth steps we can take in the new year. but let's not miss this deadline. >> as for the two senate leaders, they spoke shortly after the meeting and they sounded more hopeful than the
MSNBC
Jan 2, 2013 2:30am PST
as much. >> that was president obama last night following a late house vote passing a fiscal cliff compromise after making his remarks the president who came out a big winner in the deal dropped the mike and literally left the building heading back to hawaii to finish his vacation with the first lady and their daughters. good morning, happy new year. i'm marc halperin, we have a lot to get to including a controversial decision by house leaders to not take a vote on hurricane sandy relief. some members of congress on both sides of the aisle are speaking out. first the big story on capitol hill and for the country this morning, a bill to avert the fiscal cliff awaits president obama's john hancock. around 11:00 p.m. eastern last night, the republican-led house gave final approval to a deal that will raise taxes on the wealthiest americans, and postponing the automatic spending cuts for two months. the package, which would be signed by the president as early as today preserves the bush era tax cuts for individuals who earn less than $400,000 a year and households earning less than $45
FOX
Dec 28, 2012 5:00am PST
: president obama is rounding up the top four leaders in congress to meet at the white house. senate leaders harry reid and mitch mcconnell will be at that meeting scheduled for about seven hours from now. this could be their last chance to find terms they can all agree to. the president and senate got back to work yesterday. the house of representatives just got the call to return sunday night. a vote has been taken by monday or else automatic income tax increase will kick in on tuesday. republican aid say their leaders might now get on board with that. even so there is economic proof that many americans still fear going over the fiscal cliff. i'll have more on that in my next update. live in washington kyla campbell ktvu channel 2 news. >>> analysts say if the country goes over the fiscal shift it could send the economy back if into a recession. >>> secretary of state hillary clinton is expected to return to work next week. a specksman for clinton says she continues to recooperate at home. doctors say clinton contracted a stomach virus earlier this month and became dehydrated and fainted.
SFGTV2
Dec 30, 2012 7:30pm PST
-- we want to make note of that. the reestablishment of the white house initiative by president obama was another accomplishment. president obama's cabinets has dr. steven chu. the very first asian-american -- as ambassador to the republic of china. we have a lot of accomplishments. it was not that accident, my friends. everyone of you know that you work hard. all these things are done on purpose. i want to let you know that we also can boast twice as many asian-americans on federal benches. those of us to understand the impact of the supreme court and what it can do or on june, we know that having asian-americans on the federal bench is a line up for appointments to the supreme court. thank you very much for this opportunity. i want to say that silicon valley is the birthplace of high-tech. silicon valley is the birthplace of norm. five minutes? thank you very much. [applause] >> thank you, congressmen. we would have extended the five minutes if we got a karaoke's song. >> this event would have not been possible by the financial contributions of our sponsors. we want to thank chevron
FOX
Dec 28, 2012 5:00pm EST
have breaking news from the white house where president obama is talking about the fiscal cliff after a meeting with congressional leaders. let's listen in. >> also ask lobbyist americans to pay a little more. above all, protect our middle class and everyone who is striving to get into the middle class. i want to still get this down. the right thing to do for our families, our businesses, and for our entire economy. but, the hour for immediate action is here. it's now. we're now at the point where, in just four days, every american's tax rates are scheduled to go up by law every american's paycheck will get considerably smaller. and that would be the wrong thing to do. for the economy, would be -- it would be bad for middle-class families and for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i am optimistic we may still be able to reach an agreement that can
NBC
Jan 1, 2013 4:00am EST
of a budget deal that now goes to the house and president obama are wants action today. >>> revelers around the globe from rio de janeiro welcome 2013 with a bang with a few peculiar traditions. >>> we say good-bye to the safest air travel ever, and we say hello to over 400 new laws. "early today" starts right now. >> announcer: this is "early today" for tuesday, january 1st, 2013. >>> good morning, on this first day of january, i'm bill karins. now it's all up to the house today. they're expected to take up a senate measure approved just hours after midnight and it's halting an enormous tax hike for all but the wealthiest of americans from taking effect. nbc's steve handelsman has all the latest details from capitol hill where it's been a very long night. good morning and happy new year to you, steve. >> reporter: bill, thanks. up here on capitol hill, members of both political parties who badly want these middle class taxes rolled back fast, quote, what the senate did this morning makes it easier for house republicans to follow suit. it was a rare bipartisan senate vote. 89-8. two hours a
FOX News
Dec 28, 2012 1:00pm PST
, president obama and the house and senate leaders. we'll keep our eye on. ,. >>> a border battleon the mexican government using our court system to fight arizona's sb1070 immigration law. it wants a u.s. circuit court of appeals to block part the of the law that makes it illegal to protect illegal immigrants. mexicans say it's anti-immigration and antimexico. jamie weinstein says it's anti-illegal immigration. you listen to this and -- break it down. so mexico wants the arizona courts to say it's illegal to ban harboring illegal mexicans. do i have that right? >> actually, the -- in arizona court, a lower court put this law on hold. it's before the u.s. court much appeals in san francisco where the mexican government filed an amicus brief saying the law, it's illegal to harbor illegal immigrants but only if you're committing a crime or in the process of committing a crime in addition to that. that's the only people in violation. if you're already committing a crime or having committed a crime and harboring illegal immigrants. the brief says the law, one, harms diplomatic relation w
ABC
Jan 2, 2013 4:30am EST
in this fiscal cliff so down. the house gave final approval for a bill late tuesday night. >> president obama thanked congress and asked that future negotiations not involve much trauma. --drama. >> they finally got it done. congress and the along from all over the fiscal cliff, with house republicans reluctantly passing the senate bill. >> i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle-class tax hike that could have sent the economy back into recession. >> it appears the bill was headed for defeat. house republicans did not want to raise taxes without significant cuts in government spending. >> there are no spending cuts. we are adding $4 billion a day to the debt and we fell ilk -- feel like the senate bill failed miserably. >> they decided not to drag out the fight in the longer and risks taking the blame for massive tax hikes for nearly a met -- for nearly every american worker. >> what is the alternative? >> the bill shields those earning less than $400,000 a year from tax increases and extend unemployment benefits. it does not raise the
FOX News
Dec 27, 2012 12:00pm PST
decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go over the cliff, and that's where we're headed, mr. president, the house of representatives as we speak with four days left after today before the first of the year, aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences, out wherever they are around the country and we're here trying to get something done. >> we're awaiting reaction from the senate minority leader, mitch mcconnell. when that happens we'll go live to the senate floor but a spokesman for john boehner says senator reid should talk less and legislate more. the house passed legislation to avoid the fiscal cliff. senate democrats have not. if the president and lawmakers cannot reach a deal in the next five days, automatic tax hikes and major spending cuts are set to kic
MSNBC
Dec 31, 2012 10:00am PST
obama went on "meet the press" to call out mcconnell and house speaker john boehner over tax hikes. >> i think it's been very hard for speaker boehner and republican leader mcconnell to know that taxes should go up as part of an overall deficit reduction. >> a health scare for hillary clinton. new details as the secretary of state undergoes treatment for a blood clot in a new york hospital. >>> ringing in the new year. from sydney to new york city. the world turns the page to 2013. good day. i'm chris live in washington in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let's start with you. thi
MSNBC
Dec 27, 2012 10:00am PST
at any moment now. president obama is back at the white house. his call to congressional leaders seem to have fallen on deaf ears. reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can anyone beat sko brown? >>> good day. we're live in washington this afternoon. the lines of communication
ABC
Dec 27, 2012 4:00am EST
. >>> now, to the fiscal cliff. still looming large as president obama returns to the white house this morning. the president cut short his christmas vacation in hawaii to get back to washington. congress will be in session today, amidst fading hope that a deal could be reached by the new year. no agreement would mean spending cuts and historic tax hikes for virtually every american. >>> officials in newtown have a message for people who want to send gifts to the grief-stricken town. please don't. they say gifts have arrived in such numbers, they overwhelmed the small community's ability to process them. a fund established after the shooting to support newtown has grown to $3.5 million. >>> meanwhile, hundreds of schoolteachers plan to attend firearms training today in salt lake city. the 200 teachers come from districts across utah. they have volunteered for the concealed weapons training. organizers say in past years, only a few dozen teachers attended the training. they're expecting an overflow crowd because of this month's tragedy in newtown, connecticut. >>> west webster volu
MSNBC
Jan 2, 2013 12:00pm PST
obama has limited capital in his second term and a lot of it will be spent fighting with the house republican conference. they are not backing down. a lot of them call they got rolled on the fight and they wanted to save the gunpowder for the debt limit deal. john boehner is definitely going to have to assert strong leadership if he wants to keep the conference happy. one more thing i will low in, eric kantor and john boehner went different ways on the bill. john boehner cast a vote for. they are going different ways on the sandy relief bill. he will try to negotiate asking for a spending cut for every dollar they go up to prove to his conference he is not a push over and he is fighting for them and trying to work their will. >> you set it up perfectly. if we hit this debt ceiling and there is no deal, we can agree catastrophic consequences for the economy and you will have republicans insisting on the entitlement demands and boehner under pressure to deliver. i look at it this way. the white house at the beginning of all these talks said the final fiscal cliff deal will address th
MSNBC
Dec 30, 2012 5:00pm PST
congress in history? >> the public is implicated in this. 2008 the public elected president obama, democratic house, democratic senate. 2010, a large number of people in the public changed their minds they got angry at us over health care, which was misunderstood, angry at us because we inherited a section that we weren't able to defeat because of their obstruction. in 010 -- in most democracies that would be it. we have a constitution under which it's called the staggered powers, checks and balances, the last three elections are there. the problem is in 2008 you had one group of people elected, in 2010, another. there wasn't simply the people in 2010 were conservative. very substantial number of the people elected as republicans in 2010 do not believe in governance. they do not understand there are things we need for the quality of life we have to come together. this isn't bob dole. this isn't howard baker. this isn't ronald reagan. these are people that are quite extreme. what's happened is that many republican whose believe in compromise and trying work things out some defeated
PBS
Dec 27, 2012 4:00pm PST
and higher taxes and spending cuts will automatically take effect. president obama has cut short his holiday to revive the talks. >> if we go over this cliff, the house of representative with four days left are not here with the speaker having told him that he will have 458 hours' notice. i cannot imagine their conscience out there wherever they are around the country and we are trying to get something done. >> why is the american economy teetering on the edge of the cliffs? these are some of the things that president obama is trying to prevent with the return to the lighthouse. an employment has fallen to a four year low and currently stands at 7.7%. no deal could mean 2.1 million jobs disappearing parent to it would equate to a contraction of 1.5% in the value of all goods and services america producers meaning less money to afraid with the rest of the world. as far as the republicans concerned, there is that we will not give you a blank check. >> mitch mcconnell, the republican leader in the senate, said that he thought there was still time to avert what he called a budgetary fiscal crisi
FOX Business
Dec 28, 2012 11:00am EST
at the white house, president obama and congressional leaders. shibani: will they hammer out a fiscal quick compromise? rich edson is live on capitol hill with up-to-the-minute developments. >> washington is waiting on that meeting. the top democrat, top republican in the house and senate with some expectation that congress and the president could move together on a smaller plan. the speculation in washington, expectation is perhaps congress and the president could agree to some type of tax framework, something that extends unemployment insurance, perhaps other items to throw in and kick the can to next year and congress can work on larger spending cuts and a larger tax overhaul and that is something the president alluded to on friday asking congress to extend unemployment benefits and get a deal on tax rates. the president wants tax rate increase on amounts of $250,000 a year. the latest republican proposal was $1 million a year. the president and republicans before their talks broke off were $400,000 for family filing for a tax increase of amounts of $400,000 a year so there is some histo
MSNBC
Dec 28, 2012 11:00am PST
between the white house, the senate, the congress moves to pennsylvania avenue. president obama meeting behind closed doors with house speaker boehner, senate majority leader harry reid and senate minority leader mitch mcconnell talking about doing something to keep more than trillion dollars in tax increases and cuts from taking effect next week. also joining that party today, america's happy warrior. vice president joe biden will be there. while some appear ready to compromise others are still ducking, dodging, trying to dump the blame elsewhere. >> we all have our ideas and in the senate, you're right. we probably another 40, 50, 60 of saying that we're ready to both raise revenues and control entitlements. when's the missing ingredient? it is presidential leadership. >> i think in the end we'll get a deal. the question is the timing. >> am hopeful there will be a deal that avoids the worst parts of the fiscal cliff, namely taxes going up on middle class people. >> it's pretty apparent that we are not going to do what we've been called to do. this is 112th congress. we have had two y
ABC
Dec 28, 2012 6:30am EST
president obama has called the top four congressional leaders to the white house this afternoon for a closed-door meeting charley. and he wants to try to figure out a way to end this fiscal cliff stalemate but you hear the rhetoric being talked about on capitol hill, among leaders, republicans and democrats are still pointing the blame at each other for not getting this deal done. and for the lack of progress. so still no movement yet and there's only a few days to go to a get anything done. charley. >> you know let's go to what was said yesterday we talk about harry reid referring to john boehner as dictator. and we got mitch mcconel saying we are not going to write a blank check coming up with solutions. it seals like there's no common -- seems like there's no common ground and the word lost in all this is compromise. >> reporter: exactly. and you are correct. the feeling here in washington is that the country will in fact go over the cliff because both sides are so far apart in coming to a deal and if that happens, analysts say the first order of duty for the new congress would be to pass
CSPAN
Jan 1, 2013 10:00pm EST
the barack obama white house. it's not chaotic. >> sort of followup to the question. but to your response, if she's a bridge builder and bridge builders sometimes do better behind the scenes but less than in the front how does it jive with maybe a president who is isn't necessary a bridge builder but needs to be a leader if she a more capable leader or more capable bridge builder? i don't think we know the answer to that question yes. if we look at different model of the presidency fdr began being a consensus president who tried to create bipartisan and 1934 the rememberty league started and people become partisan in the political response. and he became himself partisan. then you have lyndon johnson. he was probably the most effective legislator ever to live in the white house. how did johnson do that? first of all, by manipulating people and twist arms. how did lyndon johnson get civil rights act of '64 passed? he had scotch every single night wed ward and they talked through it all. they basically ended up, you know, republicans voted for it and it happened. i don't think hillary clint
FOX News
Dec 28, 2012 2:00pm PST
of the largest tax increase since world war ii, president obama called congressional leaders to white house for one last desperate shot at deal. max baucus says he sees a slim down agreement starting to gel, because the pressure on all sides is
KCSMMHZ
Dec 28, 2012 2:30pm PST
. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being stupid." >> i think the solution will probably be neutered and not very effective, but ultimately, i think they will avoid the fiscal cliff. >> but neither side appears willing to give in. democrats, for examp
ABC
Dec 26, 2012 5:00pm PST
for all. will there be a deal? also tonight, an abc news exclusive. barbara walters at the white house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america.
MSNBC
Jan 1, 2013 2:00am PST
the senate voted in favor of a budget deal that now goes to the house and president obama wants action today. >>> revelers from around the globe, from rio de janeiro and beyond, welcome 2013 with a bang. and a few peculiar traditions. >>> we say good-bye to the safest year in air travel forever and say hello to over 400 new laws. good morning on this first day of january and a happy wonderful new year to you all. i'm bill karins. it's up to the house. they're expected to take up a senate measure approved just hours after midnight aimed at halting an enormous tax hike for all but the wealthiest of americans from taking effect. 89 in favor, 8 no-votes coming from three democrats and five republicans. nbc's steve handelsman has the latest details from capitol hill. good morning and happy new year to you. >> reporter: bill, thanks, good morning on capitol hill. members of both political parties who badly want these middle class taxes rolled back fa fast, "what the senate did this morning makes it easier for house republicans to follow suit. it was a rare bipartisan vote, 89-8. two hours after am
LINKTV
Dec 28, 2012 5:30am PST
president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doubt that it is logistically possible before new year's day -- then the most immediate impact would be the loss all unemployment relief checks for 2 million americans as well as payroll tax holiday that will come to an end, which means tax increases that over the year could total 2000-$3,000 a year for a family. >> sch
KRON
Jan 2, 2013 6:00am PST
're following this morning. president barack obama heads back to hawaii. the house approved a measure passed by the senate that keeps the country from going over the fiscal cliff. we will have details coming up. >> the bay area is waking up to cold temperatures this morning. we will have team coverage all around the bay area this morning. >> we are at 28 degrees and san rafael. we have been around this number for the past hour. we did start out at 26 degrees. we did he go for about two degrees. a lot of people are headed back to work this morning and that will have to use their ice scrapers. the offer is one in that you talked about as an affect on tel 9:00 a.m.. >> you will need your scarf and some hot cocoa. there is no wood and burning allowed today. we are at 27 degrees in fairfield. we are same low 40's for the east shore line. redwood city is waking up to temperatures of the upper 30's. we do have winter weather advisories through 9:00 a.m.. as we head into afternoon the temperatures will be a little bit warmer that yesterday. i will break down the numbers and talk about the extended f
NBC
Dec 27, 2012 5:00pm EST
. roping off the fiscal cliff. president obama and congress return, but they will need support from house republicans to pass the deal. is congress any closer to a compromise? >> a small village in the dominican republic has a new school thanks in part to local administrator. i have details, next. >> of baltimore school administrator is making a difference around the globe. >> this is great. she volunteered for a week in dominican republic and helped build a new school their. >> claire donehower is the assistant principal at the kennedy krieger school in baltimore. she took on another role as a volunteer in a mission to the dominican republic. >> i think it was a unique chance to take my love of working with kids and bring it into a completely different area. >> she was one of 40 volunteers chosen to complete the elementary school in a small village. they did everything from building walls with cinderblocks to painting to stuccoing. but her favorite part was interacting with the community. >> it was such a powerful experience and different than i expected. i wanted to save everyone from t
ABC
Jan 2, 2013 5:30am EST
to prevent consequences of the fiscal cliff won approval in the house and president obama said whoa sign the law. law -- he would sign the law. they didn't make the deadline or get the grand bargain both parties claim was the ultimate goal. democrats and republicans gave themselves credit for getting something done. there was concern among republicans about a lack of spending cuts. some wanted to add them in but it was not enough votes to get it passed. the deal would extend income tax cuts for all workers earning more than 400,000 dollars a year and households earning over 450,000 dollars. it prevents a tax hike on estates valued at less than 5 million dollars and extends unemployment benefits for 2 million people set to expire and although congress missed a january 1st midnight deadline by-passing the compromised deal in the house and senate, congress can take credit for retroactive tax cuts. >> it's a very, very strong first step. >> this is an important one and a critical one for the future of the country. >> reporter: now in about two months, congress needs to deal with spending cut
ABC
Dec 28, 2012 12:00am PST
in the white house. the white house is fully decorated now and the obamas will have a fun holiday this year. >> some republicans are pushing boehner to avoid the white house for blaming them for a crash on the taxes on the rich. >> the white house is ready for christmas. the first lady gave a tour of the presidential decorations and that is not it. >> how do you know? maybe they have been growing something in the garden. >>> the white house released their holiday card. it is a realistic painting. it's the obama family dog in front of the white house. the painting was done in black and white. it's based on a color photo. that's the original photo. it was a little too colorful for me. a very colorful. i think beau might be getting to the obama supply of centrum. speaking of the holiday spirit this is nice. this happened in thanksgiving. a station in kentucky was doing a live report from a shelter that does an annual thanksgiving dinner. keep an eye on what goes on in the background in tonight's edition of "behind the news. >> what are you thankful this thanksgiving? >> this thanksgiving i'm t
CNBC
Dec 28, 2012 4:00am EST
. these are your headlines from around the world. >> president obama calls congressional leaders to the white house today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes an
CNN
Dec 28, 2012 8:00am PST
price to pay for it. >> keep it here today. at the white house president obama will meet with with democratic and republican leaders of congress. that's at 3:00 p.m. eastern time. it's their first face-to face fiscal discussions since before thanksgiving. hopes are not high for a deal, but either way, you'll hear the news first here on cnn. >>> there's no doubt about it. eva longoria is one of hollywood's leading ladies, a big star with a big heart for charitable giving, focusing on one very close to her heart. >> i'm being pulled in a million different directions with supporting aids in africa or sex trafficking in thailand or dolphins in japan. and you can't do everything. so in thinking what do i really want to do? >> reporter: to answer that question, you could say eva longoria looked in the mirror. >> i knew i wanted it to be with women and in the latina community. >> reporter: known for playing the vixen on "desperate housewives" longoria had humble beginnings born to mexican-american parents. >> i wasn't the first to go to college. >> it wasn't a walk in the park.
CSPAN
Dec 30, 2012 1:25pm EST
, in 2009, president obama appointed her as h.u.d.'s deputy assistant secretary for mult ifamily housing programs. she oversaw a $50 obama portfolio of -- she oversaw a $50 billion portfolio. at a time when support was desperately needed, she took a smaller staff and grew annual lending from $2.5 billion to over $10 billion. she as served for a year now as acting commissioner for f.h.a., where she's worked to weed out bad lenders, ensuring greater stability and increasing counseling, resources for borrowers because as we look over what happened in the housing sector, we know people bought homes who shouldn't have bought homes, lenders took advantage of them, and everybody was in the mix in terms of why things went so sour. carol's accomplishments have been recognized through numerous honors, including inductions into the hall of fame by bay area business leaders in california. she's been recognized by the california home building and the california housing suprem conso, so she gets support from everybody, from the builders, from the homeowners, from the renters. she has strong support of
FOX News
Dec 28, 2012 3:00am PST
pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he had to say. >> the american people i don't think the house representative is operating without the house of representative. it is being operated with a dictatorship of the speaker not allowing the vast majority of the house and representatives to get what they want. >> that sounds ridiculous f. it was a dictatorship boehner would have gotten that vote and he couldn' get the vote. what we should do honestly guys, is swan dive ov the fiscal cliff. let president obama own the fiscal cliff. it should be called the obama cliff. >> julia: people know how much they would have to pay. folks on the man on the street interviews . people are look
CBS
Dec 28, 2012 4:00am PST
. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning
MSNBC
Dec 26, 2012 6:00am PST
to avoid the tax hikes and spending cuts that go into effect on the first of the year. president obama had been working with house speaker john boehner and trying to get a big deal that dealt with tax reform and deficit reduction. that fell apart and talks have largely been stalled this entire time. there was a lost pressure to get something done. we have seen some of the impacts of the fiscal cliff. consumers saying they have been more cautious with their holiday spending because of the uncertainty in washington. economists warn it could get worse and the markets could be foiled if we go over the fiscal cliff. taxes will go up for the average american by about $2,000 and could put us back into a recession. >> which nobody wants to see. kristen welker in hawaii. the president is coming back, but they haven't gotten the 48 hour notice. they are very much out there in play. thank you very much for joining us. appreciate it. when the senate returns tomorrow morning, there will be a new emphasis on members taking a larger role in the fiscal cliff negotiations that based off the current offer m
MSNBC
Dec 28, 2012 8:00pm PST
votes in the house to repeal obama care. these are republican votes, john boehner kind of presided, and, obviously, they were going nowhere. but you have republicans over and over again, simply holding symbolic votes to make a point, and then when it comes to real votes, they simply say, no. the tea partiers who were elected in 2010, really have had their way. and the one distinction we see, coming out of that 2010 election and the tea partiers and what they did, is to have a congress that is absolutely at loggerheads and gridlock and is incapable of functioning. >> let me ask you something, professor reich. you know, a lot of us ignore common sense or what's right beneath our noses, so to speak, or like edgar allen poe's purloin letter, hidden in plain sight, what is the deal? why is it that republicans are so bitterly opposed to president obama? is it his race? is it his youth? is it his party? what is it that has aroused such deep and bitter suspicion and resistance to this man? >> well, i think it's some of all of the above. it's also that president obama came into office at a time
SFGTV
Dec 27, 2012 12:30am PST
within our veteran population. we have been involved with the hundred days campaign to house veterans in 2012. president obama established a goal to end veteran's homelessness by 2015 which i think is doable and the department of housing and urban development came together to establish the hud slash veterans housing program which, is models after section eight and san francisco has received 500 of the vouchers to date. we have learned that our chronically homeless veterans were having a difficult time finding apartments in the private marked in fact many veterans have had vouchers issued in 1212 and so what we have here is a situation where we have a federal agency, the mayor's office and housing authority and human services agency who have focused to encourage private landlords to provide housing for these veteran and is a few months ago one of those landlords the owner of 2524 mission street came forward to offer to least his 33 stew apartments which are above the restaurant on joule which, is now the -- restaurant to least those apartments to veterans who have those vouchers and
NBC
Jan 2, 2013 11:00am EST
of president obama. the house passed the measure late last night that will keep taxes for going up for about 98% of americans. the president said he'll sign the bill into law. tracie potts breaks down what that will mean for you. >> the house stands adjourned until 10 o 10:00 a.m. tomorrow for morning-hour debate. >> reporter: lawmakers left capitol hill this morning after finally avoiding the fiscal cliff. >> at some point you strike a balance. >> reporter: 257 democrats and republicans voted for a bill that extends unemployment and middle-class tax breaks and keeps the alternative minimum tax from hitting working families and avoids a big cut in medicare payments and prevents tax hikes for 98% of americans. tax rates will go up for couples making over $450,000. democrats gave many on that. the republicans won a investigate ribby raising the estate tax threshold to over $5 million but the 2% payroll tax cut is gone! expect to see that hit your paycheck starting this month. >> tax relief has been achieved. now is the time for the president to work with congress to address government overspendin
CSPAN
Dec 27, 2012 11:00pm EST
to the white house. >> opera had tried to ignore the ominous change in tone coming from the obama transition team as barack obama is it not gration drew near oprah's calls to michelle went and returned. instead oprah heard from max devlin that newly appointed white house ceremonies coordinator who told oprah that she needed to talk to him first about the interview. once more he said overhead to run her interview questions past stevens, a deputy speechwriter from prior approval. it was a pain as far as oprah was concerned and a high-ranking executive at harpo studios ,-com,-com ma oprah isn't a snob but doesn't like to put up with it. >> as a result of her role during the democratic primary, which played a pivotal, pivotal role in helping obama get the nomination and wresting it away from hillary clinton, that she was going to be an important adviser to barack obama and in fact after he was elected president, oprah and obama spoke of some great length about using her to advise him on his communication strategy, especially in terms of television, which he of course knows a lot about. when mich
FOX Business
Jan 1, 2013 11:00pm EST
.s. senate. a number of democrats, and enough republicans that wasn't a total embarrassment for the house speaker. not near a majority, but still a good chunk. diane: we are now expecting president obama to be speaking. that is what we are hearing from the white house. what do you think we will hear from the president? rich: the president will be very happy that congress did this. i wouldn't be surprised if the president made note that he has been urging congress to act and that they should not have taken this long to act, but this is the way it happened and he will have to sign the bill as he signaled that he would. it was worked out with a the signoff from the white house when it finally reached the agreement yesterday. questioning whether the president will mention the next round of this, questioning the whether he will mention the spending cuts in exchange for the debt ceiling. here we are in washington. we have settled this bill. this compromised and now we are waiting to see what the president will say about the next round. in a short while we will be on the next. diane: let's bring
NBC
Dec 28, 2012 5:00pm EST
at the white house. president obama and top congressional leaders were trying to come up with ways to avoid the tax hikes and spending cuts set to kick in next week. keith russell with more on the budget talks that ended about 45 minutes away. >> jim, the meeting started at 3:10 and ended at 4:15. the four congressional leaders left without speaking to the media. with $600 billion in tax hikes set to take effect new year's day. senior advisers said the president was set to make a small offer with the full support of reid and pelosi. nbc news has learned that a previous offered made by the president, the one that involved a tax increase for only those earning more than $400 is off the table. advisers say that was part of a bigger proposal that speaker boehner did not accept. it looks like the current proposal goes back to raising taxes on those who make more than $250,000. the proposal known as plan b didn't work. it will remain to be seen if the smaller plan will. either way the countdown to the if you year could be very costly. >> i'm hopeful that a deal will avoid the worst parts of a fis
CBS
Dec 28, 2012 7:00am EST
opener" at 8:00. >>> president obama meeting at the white house with the four top congressional leaders. >>> the tedline for the fiscal cliff is now just four days away. >>> the president has not laid out a specific plan to deal with this. congress could have done the same. i think the american people should be disgusted. >>> the commander of operation desert storm died from complications of pneumonia. >> the more you sweat in peace, the less you bleed in war. >>> the powerful storm moving cross the country is finally moving out. >> although it's not major system it's going to cause problems for tomorrow. >> less than a few days. the longshoremen and the shipping companies are at an impasse. >> this is in real-time. >> real-time. >> is that a ring tone? what ring tone was that? >> i have "dancing queen" is my general ring tone for most people and then my wife's is "super trooper." >>> i'm rebecca jarvis with jeff glor. charlie, gayle, and norah are off. >>> the fiscal cliff negotiations are down to the wire and this afternoon president obama meets with congressional leaders to try to co
KRON
Jan 2, 2013 7:00am PST
this year. i am martha shade reporting. >> president obama is calling on the house of representatives to vote on hurricane sandy aid without delay. >> many people affected by the storm need committed support. >> mr. obamas of the house should vote today. the president's statement comes after many new york law makers have expressed anger at the decision by the house gop leader not to vote on the aid and the current congress. >> a naked man armed with assault rifle and a samurai sword were in a standoff with police. >> he tried to make a run for as police moved in on him. he tried to jump the fence and fell down and finally dropped the sword before being arrested. the man has been identified coc bennett. >> he was basically naked with a samurai sword. again his statement when he got out of the vehicle were that you have to kill me. he said that several times. the officers stood back and called in reinforcements. >> here is a look at the assault weapon taken from the man. san jose police officers are looking to do what kron did. please a looking is what prompted the suspect at the way he
FOX
Jan 2, 2013 5:00am EST
to return to the white house last week for fiscal cliff talks. the obama family returns to the white house this coming weekend. >>> the fiscal cliff compromise is being hailed as a victory for middle class families too, but you'll still take home less pay this year. the payroll tax which is the amount taken out to go to social security will return to $6. -- 6.2%. for the past two years it had been lowered to 4.2%. for an average family making $50,000 a year, this means you'll be taking home about $1,000 less this year. we're also talking about this on our facebook fan page right now. with about $1,000 less to work with this year, do you plan on changing your budget? we've already gotten some comments this morning. jerry ryan says maybe the government should adjust their spending and let us working people keep what we work hard for. i need my pay check for my family. share your comments with us on facebook. just search us under fox 5 morning news, no space between fox and the number 5. >>> taking a look at our top stories now, classes will resume tomorrow for students and teachers of sand
CNBC
Dec 28, 2012 1:00pm EST
president obama and house speaker john boehner for any kind of break through, millions of married couples facing a higher tax burden if we go over the cliff. the bush era tax law eliminated the marriage clause meaning that incomes of couples earning as little as $80,000 would be subject to taxation at the rate of the higher earning spouse. now as far as their wealth preservation strategies, a nationwide survey done by northern trust found high net worth persons, more than 5 million in assets, are much more proactive in anticipating the tax consequences of going over the cliff than those with a million dollars or less in assets. that same survey had 44% of high net worth individuals saying their top priority for the country is economic growth and reducing unemployment versus 19% who are reducing the federal budget deficit. >> all right, hampton. thank you very much. >>> the finance.yahoo.com poll puts you in the shoes of a member of congress. how would you handle the fiscal cliff? go vote finance.yahoo.com. the results are coming up. there you see your options. michelle. >>> tyler, one of
CSPAN
Dec 29, 2012 6:00am EST
and then remarks from president obama at the white house. also, yesterday, senators carl levin john mccain of for their ideas for bypassing the bill buster to -- it would change the senate rules to assemble a majority vote. they spoke for about half an hour. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] ok, sorry for the delay. we thought we had a vote, but there was no vote. senator mccain and i are part of a group of eight senators who have been working for about a month to come up with a proposal for our leaders and our conferences, which will hopefully overcome the gridlock that has so permeated the u.s. senate. the eight senators who have participated in this effort are myself, senator mccain, senator schumer, senator alexander, senator cardin, senator kyl, senator prior, and senator barasso. it is a bipartisan proposal, and we believe strongly we must reform the senate's procedures if it is going to do business more efficiently and fairly. there are many parts to our proposal, i would say the key number-one part is to
MSNBC
Dec 30, 2012 12:00pm PST
senator reid and president obama. what is your take on the white house involvement? >> well, look, obviously the white house is pivotal here. i mean, the president litigated all of these issues during the campaign. he is the one who won by a fairly healthy margin nationally. of course, he is going to ultimately have the final say in what leeway he is prepared to give leaders in both the democratic side in the house and senate. of course, the president is going to have a big say in this and staff is up to their eye balls in the details and the fact that vice president biden has been brought in on this by senator mcconnell. it under scores what the president said on "meet the press." he has gone more than half way on taxes and spending cuts. and i think we're just seeing more illustrations of that with each passing hour. >> both sides are sparring over who is to blame. they are all blaming each other. president obama was a guest on "meet the press." let's listen. >> 75% of the congressmen come from gerrymandered districts in which they are bullet proof. they don't go home and have t
FOX
Dec 28, 2012 7:00am PST
to the white house today as a last ditch effort to avoid the cliff. president obama cut short his vacation to return to washington. coming up at 8:15, the odds that they'll be able to come up with a deal before january 1st. >> people in the midwest and northeast are still dealing with the aftermath of a huge winter storm there. snowplows as you can see there snow fell for over 16 hours. >> in arkansas more than 200,000 people still without power because of the storm and it could be that way for the next few days. the death of a dozen people are now being blamed on that storm. >> time now 18:04. not much traffic in the roadways but there are mass transit delays. >> that's right. bart is experiencing 15 to 20 minute delays between the stations. this is due to a disabled train. it's effecting service and as well as downtown san francisco and the east bay so give yourself extra time if you need to use it todayful right now this is a live look at the golden gate bridge. trafficking moving on in and into the opposite direction toward san francisco. this say look at the east shore freeway. traffi
FOX
Dec 28, 2012 12:00pm PST
president obama and the vice-president. the white house insists the president is not putting new offers on the table but there are reports of a compromise to raise tax rates for them. both sides say thar are disappointed. >> it is totally a lack of courage to deal with these issues. from washington to wall street there is a sense of gloom but the prospects of deal. here in dc a new furlough warning went out to federal workers, deep spending cuts and tax hikes go into effect for every 1 on new year's eve if congress doesn't take action. kyla campbell, ktvu channel 2 news. >> thanks, if the president and congress are not able to avoid the fiscal cliff experts say people here in california will be hit especially hard because prop 30 voted into law in november will mean higher sales taxes and income taxes on the state's top earners. the fiscal cliff would add to that, hitting all americans with higher taxes. >> i don't know there is a word to describe how pissed the public is going to be, nobody going to be happy to see that happen. >> if taxes go up on everybody it is not going to be a hap
FOX
Jan 2, 2013 9:00am EST
cliff talks. the obama family returns to the white house this weekend. >> as you head back to work after a long holiday, it will cost you more to take the dulles toll road. a rate hike kicked in yesterday. the toll is now $1.75. using the on and off ramps will cost you $1. revenue will be used to pay for the dulles metro project. >> first priority for the dc council swearing in newest member. the council's new session begins today and members will be joined by david grosso. education and ethics reform will be his top priorities. will also be sworn in today. >>> more same sex couples set to tie the knot in maryland today. first day of the new year that civil ceremonies can be performed at the historic court house wedding chapel. new year's day was the day same sex marriage became legal. walnut point i nn invited same sex couples to get married for free yesterday. tony. >> some of our other top stories this morning, schools across the nation continue to evaluate security procedures following the connecticut school shooting. the sheriff's department will have deputies check on schools throu
CNN
Dec 30, 2012 8:00am PST
. as the rhetorical war shifted from the white house to baltalfield, president obama took the rare step of granting an interview to "meet the press" which took place this morning. >> you signed the legislation setting up the legislation 17 months ago. how accountable are you for the fact that washington can't get anything done and we're at this deadline, again? >> i have to tell you, david. if you look at my track record over the last two years, i cut spending by over $1 trillion in 2011. >> joining us now to examine the david gregory interview and the coverage of this fiscal cliff showdown. bob cusack manager of "the hill." what does it say about the state of the budgetary wars that president obama chose to go on a sunday talk show. >> he is doing this interview why congress is trying to do it. very critical of congress and i think this interview wasn't exactly combative. he challenged him on it. >> who challenged who? >> david gregory challenged obama on some points but made $1 trillion in cuts, he also vowed to cut the deficit in half in 2009. that has not happened. >> compared david gregory we
FOX News
Jan 1, 2013 6:00pm PST
of a presidential agreement to cut spending means even if the senate measure passes the house mr. obama can expect added pressure in a matter of weeks when the nation's debt ceiling must be raised again. >> we made the mistake when we increased the debt limit the first time and gave that guy all the money to buy votes with and we shouldn't make the same mistake now. >> the president says congress shouldn't do that because it holds the nation's credit rating hostage but some republicans say that s the only way the guts will happen. bret? >> bret: as you look live at the house floor we should point out that these are house controlled cameras. we don't control these familiar as. as you look at congressman dreier speaking on the house floor what you can't see is there are not that many lawmakers in the house chamber, in fact, just a few. we just got word that house minority leader nancy pelosi has walked in but there are just a few people listening to congressman dreier. you are one of them here as we have dipped in a couple of times. bring back our panel to talk about the specifics of this legislatio
MSNBC
Dec 26, 2012 10:00am PST
about what house republicans will be doing tomorrow. >>> plus, the bitter battle of president obama's second-term cabinet. you don't even have to be a nominee to be scoured these days. politico briefing is next, jake sherman, don't want to miss that. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> the president cannot -- this white house cannot continue to float trial balloons and then not have them shot down. the president can't get perceived to being rolled by opponents. the problem that chuck hagel has, who has a lot of support in the foreign policy community, is that he's now getting shot at from the left and the right. >> like steve perry's voice never leaves journey, andrea mitche mitchell's presence never leaves. under fire before nominations are even announced. joining me now, politico's jake sherman. you heard fro
KCSMMHZ
Jan 1, 2013 2:30pm PST
package of tax hikes and spending cuts. the deal still needs approval in the house. the u.s. is not out of the woods yet. >> president obama said the agreement fell short of what both sides wanted but that it was the right thing to do for the country. >> senators passed the bill with 89-8. after months of wrangling, lawmakers ended their deadlock. >> i know i can speak for my conference when i say we don't think taxes should go up on anyone. but if we knew if we did nothing they would be going up on everyone. >> the bill heads to the republican controlled house of representatives and could come to a vote later today but it is far from certain that it will pass. president obama urged members to back the deal though it falls short of what he originally sought. >> my preference would have been to solve all of the problems in the context of a larger agreement, bigger deal, a grand bargain, whatever you want to call it that solves our deficit problems in a responsible way. does not just deal with the taxes but deals with the spending so that we can put it behind us and focus on just growing
CBS
Jan 1, 2013 7:00am PST
,000. >> i think we can say we've done some good for the country. >> president obama encouraged the house to pass it right away. >> if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> this has not been a great start to the new year for hillary clinton. >> she's undergoing treatment for a blood clot in the head between the brain and the skull. >> she didn't have a stroke. she didn't have a seizure. the prognosis is excellent. >>> estimated 1 million people in times square. >> revelers welcomed in the new year with celebrations around the world, 1,000 people in hong kong, spectacular fireworks display over the skies of london. >> i'm saying let's get it on. >> it's so many people making out. >> it's you and me yea! >> all that matters. >> last night was the first new year's eve without the iconic countdown from dick clark. >> most people come and go dick clark was here for generations. >> someone on twitter said there was going to be a drinking game every time i giggle nervously. >> break it down because we're
KOFY
Dec 27, 2012 12:00am PST
of that is coming up and then later on "nightline." >> coming up on a special edition of "nightline" a white house christmas. president barack obama and first lady michelle obama sit down with our own barbara walters [ singing christmas carols in background ] aunt sally's singing again. it's a tradition, honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. george hw bush was in a hospital in intensive care. he is fighting in an elevated fever. he was in hospital with complications from a bout of bronchitis. doctors said they expected the former president would only spend a few days in the hospital and be home for christmas, but his condition worsened with a spike in his fever and he is now in guarded condition in the intensive care unit. >>> a powerful winter storm that lashed the midwest and south is moving to the northeast. in boston the high
ABC
Dec 28, 2012 4:00am EST
with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massiv
ABC
Dec 26, 2012 11:00pm EST
tonight. a white house christmas. president barack obama and first lady michelle obama sit down with our own barbara walters for their first interview together since the election. we take you inside the first family's holiday tradition coming up on nightline right after abc2 news at 11:00. c1 >> you're watching the station that works for you. abc2 news, baltimore. >> if you don't like someone, go ahead and give them this flower. flour fan attics are going to see the corpse flower. >> it smells like a rotting corpse. >> i think it's appropriate actually. i think it needs something more. >> it sounds lovely. they only bloom a couple of day in their six year life. this one received full bloom christmas. but tomorrow, it will be dead. >> it smells dead already. >>> many people try online dateing to find a special someone. and an 81-year-old man is going for a more direct way. sandy is wearing a sign around his neck that says he wants a wife. he was married many times. he says he changed his ways and wants someone he can spend the rest of his life with. but there are some nonane yore bls. >>
NBC
Dec 29, 2012 6:00am EST
come to a deal before december 31st. president obama met with house and senate leaders yesterday. lawmakers are hoping for a deal to help avoid tax increases for everyone as well as massive spending cuts in defense and other areas. if a deal can be reached, the senate would vote on it first and then it would head to the house. the latest the house would vote on a possible deal is january 2nd. the final full day before a new congress takes office. the house is set to return to work tomorrow night, however. speaker john boehner told fellow representatives there would be a session at 6:30 tomorrow night. he said he hopes to have a senate bill in his hand by then that they can vote on. and be sure to tune in tomorrow morning for "meet the press." david gregory will sit down with an exclusive interview with president obama. you can see "meet the press" here on nbc 4. the show starts at 10:30. >>> new this morning, many same-sex couples in the state of maine can now say they're married. that state began allowing same-sex marriages at 12:01 this morning. many places throughout the state
FOX
Dec 29, 2012 6:00pm EST
, president obama's sum -- president obama summoned the house and summit leaders from both parties for a meeting on friday. if they can't reach a deal, taxes go up on all of us. plus, don't forget the impact on your 401k. audrey barns joins us with the latest. >> reporter: everyone involved in a meeting between republican and democratic leaders described it as productive, yet it didn't produce an agreement and there are two days left to get it done to avoid automatic tax hikes and across-the-board spending cuts. lawmakers involved in the white house summit vowed to keep chipping away at the sticking points to reach a deal. while senate minority leader mitch mcconnell struck an optimistic tone, senate majority leader harry reid sounded cautious, warning americans whatever they come up with by sunday won't be perfect. after the meeting, president obama made it clear failure is not an option. >> if we don't see an agreement between the two leaders and the senate, i expect a beam to -- bill to go on the floor, and i have asked senator reid to do this, put a bill on the floor that taxes
CNBC
Dec 28, 2012 5:00pm EST
back. president obama scheduled to make a statement from the white house at 5:45 p.m. on the fiscal cliff negotiations. let's it go to amon for the latest on this. >> i think we can expect a fairly short statement from the president. i would be shocked if he took questions from the respiratories that will pack the room in just a couple minutes to hear what he has to say. senator harry reid came out and spoke to reporters on capitol hill telling them that the next 24 hours here are going to be crucial. that would imply to me that there's something in the mix on the senate side on the fiscal cliff negotiations. what that is, we'll have to find out from the president perhaps at 5:45. >> okay, we'll go back to you for that. thanks so much for keeping us updated. the question at this point is, what impact could going over the cliff have on the u.s.'s credit rating. let's bring in sean egan from egan-jones, he's on the phone tonight. if we go over the cliff, i'm assuming the credit rating agencies, other than yours, the others ones, there's a certain amount of time during which they can r
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